Richard Hayne - Urban Outfitters

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Last quote by Richard Hayne

We are seeing the results: Doors shuttering and rents retreating. This trend will continue for the foreseeable future and may even accelerate.feedback
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Apr 10 2017 Amazon
Richard Hayne has most recently been quoted in an article called America is ‘over-stored’ and Payless ShoeSource is the latest victim. Richard Hayne said, “Retail square feet per capita in the United States is more than six times that of Europe or Japan. And this doesn't count digital commerce. Our industry, not unlike the housing industry, saw too much square footage capacity added in the 1990s and early 2000s. Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”. Richard Hayne has been quoted a grand total of 5 times in 4 articles.
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